Warren Buffett

Warren Buffett

Oracle of Omaha
1930 - present

Notable "Oracle of Omaha," Warren Buffett is one of the most celebrated investors of all time. A son of a U.S. congressman, Buffett first bought stock at age 11. He has pledged to give away over 99% of his fortune. In 2010, he and Bill Gates founded the Giving Pledge, a non-profit organization asking billionaires to commit to donating half their wealth to philanthropic causes.

Professional Experience

Academic History

  • Warren Buffett's net worth is $85 billion, as of June 2019, making him the third richest person in the world.
  • In 2019, he donated $3.6 billion to the Gates foundation and family charities.
  • Early in his legendary investing career, Buffett said, "I'm 85% Benjamin Graham."
  • He is seen by some as being the best stock picker in the world, with his investment philosophies and guidelines influencing numerous investors.
  • One of his most famous sayings is "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1."
  • Another one is "If the business does well, the stock eventually follows."
  • The third is "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

Warren Buffett Investment Style

  • Likes world-class companies that control widely recognized consumer band names
  • Likes companies that have strong cashflows

Warren Buffett Personality

  • Still works 5 days per week at age 88 (2018)
  • Said himself that he "eats like a 6-year-old"
    • 4 Cokes a day starting at breakfast (1/4 of caloric intake)
    • Favorite Snacks:  Peanut Brittle, Chips, Dairy Queen Blizzards

Buffett demonstrated 20.8% CAGR returns over his 54+ years leading Berkshire Hathaway